If the time increases by 5 years, then s...

If the time increases by 5 years, then simple interest increases by Rs. 3000 on a sum of Rs. 5000. What is the rate (in percentage) of interest per annum ?

A

15

B

12

C

10

D

6

Text Solution

Verified by Experts

The correct Answer is:

A, B

Promotional Banner

Promotional Banner

Recommended Questions

If the time increases by 5 years, then simple interest increases by Rs...
Text Solution
|
The simple interest on 4000 in 3 years at the rate of x% per annum e...
Text Solution
|
The simple interest on Rs. 3000 at R% in 2years equals to the simple i...
Text Solution
|
A certain sum of money amounts to Rs. 918 in 2 years and Rs. 969 in 3....
Text Solution
|
The simple interest on Rs. 3000 at R% in 2years equals to the simple i...
Text Solution
|
A sum of money is invested at simple interest for 2 years at a certain...
Text Solution
|
If the time is increased by 5 years, the simple interest on a sum of R...
Text Solution
|
A sum of Rs.800 becomes Rs.1000 in 2 years at simple interest. She goe...
Text Solution
|
A sum of Rs 4,300 increases to Rs 4,644 in 2 years at a certain rate o...
Text Solution
|